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3
Building the Risk
Management Foundation
Achieving excellence in any area does not happen because a company sim-
ply announces its desire to be excellent. Many organizations have been
frustrated because they lack the ability to develop the kinds of supply chain
approaches and techniques that create a dierential advantage. ese
organizations fail to recognize the importance of mastering something we
call the “enablers,” four distinct areas that support more advanced supply
chain and risk management initiatives.
is chapter highlights a set of enablers that are essential for eective risk
management. ese enablers include a supportive organiz ...